How to balance strategic autonomy with interdependence in globalization?
#1
I work in international trade compliance, and the current trend of reshoring and friend-shoring in response to recent supply chain shocks is fundamentally altering the landscape of economic globalization I've known for two decades. While diversification is prudent, I'm concerned about the long-term implications for developing economies that have built their growth models around integrated global value chains. For trade economists or business strategists, how are you assessing the balance between strategic autonomy and global interdependence, and what new models of globalization are emerging that might mitigate the risks of over-concentration without reverting to full-scale protectionism?
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